We've all heard the stories of people graduating with huge student loan debts. But think of it this way: if the tuition, student fees and cost of living is lower, then your loan will be lower.
Once you get here, you don't need to run around the city doing paperwork. All Newfoundland & Labrador student loans are processed right here on campus! It's a one-stop access to your money for the semester.
Of course, you still need to to apply. Check out all the details on applying for a student loan, but once you're here, we'll make it as easy as we can for you.
To be eligible for a Canadian student loan you must be a Canadian citizen, a permanent resident of Canada or designated as a protected person.
Newfoundland and Labrador Tuition Relief Grant Program
The Government of Newfoundland and Labrador has created a needs-based Tuition Relief Grant Program to offer a maximum of $3,450 per academic year to eligible students. Eligibility for the Tuition Relief Grant will be based on the existing student aid program. The funding will be available to residents who:
- have graduated from a high school in Newfoundland and Labrador;
- have enrolled in full-time studies at Memorial University in a bachelor level-degree program; and
- who qualify for need under the provincial student aid program.